500 15Th StFort Lauderdale, FL 33316

Property Details for 500 15Th St

Year built

2002

Construction

CONCRETE

Lot size

0.66 AC

Property size (Sq ft)

8,522 SF

Zone code

RO

Property type

Office buildings

APN

50-42-15-10-4870

APU

504215104870

Description

This exceptional 1428-square-foot office suite boasts a stunning Mediterranean design and prime ground-floor visibility in the heart of Fort Lauderdale's Tarpon River Plaza. The single-tenant space is completely move-in ready, featuring newly painted walls and fresh carpeting. Three private offices provide ample space for individual work, while a dedicated conference room facilitates collaborative efforts. A well-appointed staff kitchen, receptionist area, and storage room enhance functionality. An ADA-compliant bathroom ensures accessibility. The suite benefits from top-of-the-line technical infrastructure, ensuring seamless operations. Reputable ownership and a range of tenant services further enhance the appeal. On-site parking is available, and the location offers convenient access to major roadways, including I-595, I-95, and being just one block west of US1. The property is zoned for office use (RO) and features an APN of 504215104870. This turnkey solution eliminates the hassle of renovations, allowing immediate occupancy and a focus on business growth. The property is located at 500 SE 15th Street, Fort Lauderdale, FL 33316.

• CAP approach

  CAP return

  Valuation

  6%

  $3,455,430

  6.5%

  $3,189,630

  7%

  $2,961,800

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,654,920

  Geo Method

  $3,654,920

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $6,896,240

  Retail / Commercial

  $3,415,650

  Mixed-Use / Specialty

  $3,308,350

  Hospitality / Lodging

  $2,303,390

  Institutional / Educational

  $3,405,360

  Residential Income

  $3,984,270

  Multifamily

  $5,305,840

  Automotive / Energy

  $2,918,880

  Parking / Income-Based Land

  $1,101,250

  Restaurant / Food Service

  $1,517,700

  Healthcare / Senior Housing

  $3,490,200

Location Insight

City

Fort Lauderdale

County

Broward

State

Florida

Latitude

26.1028

Longitude

-80.1377

CBSA code

33100

CBSA name

MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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